By Justina Lee
Publication Date: 2026-05-29 02:29:00
LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year.
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Shares of LG Electronics surged as much as 23.95% after the company announced a series of automotive innovations built with technology from Alphabet Inc.‘s Google.
The South Korean company said its new range of solutions is built on Android automotive operating systems. Its system can control multiple displays with different aspect ratios at the same time by using a single-on-chip, which is different from other conventional in-vehicle display systems, LG said.
“The solution supports automakers to significantly reduce the cost of deploying multi-display in-cabin systems,” LG said.
Android automotive operating systems are in demand, as they enable drivers to access apps in their vehicles without the use of smartphones. The…
